Earlier editions: 2020-112018-112026-09
DIVISION 14. CALIFORNIA WATER STORAGE DISTRICT LAW 39000-48401›PART 7. FINANCIAL ORGANIZATION 44400-44963›CHAPTER 2. Warrants 44600-44635›ARTICLE 2. Payment 44625-44635
§ 44626
California Water Code · 2026-10 edition · updated 2026-10-04 · California
Whenever any warrant of the district is presented for payment when funds are not available for payment, it shall thereafter draw interest at a rate determined by resolution of the board, not to exceed 7 percent per year, until public notice is given that such funds are available.
(Added by Stats. 1951, Ch. 391.)
Get a plain-English answer with a citation back to this text.
Ask AI about this code